Tag Archives | Safen

Total, Marathon Discovery at Harir Block

By John Lee. Total and Marathon Oil have confirmed a discovery of light oil and gas with condensates at the Harir Block, 60 kilometers from the city of Erbil. The Jisik-1 discovery well was drilled to a depth of 4,511 meters and encountered light oil and gas with condensates intervals in Jurassic and Triassic carbonate reservoirs. […]

Total Says Unclear if Iraq Wants it to Exit Halfaya

By John Lee. The chief executive of French energy giant Total, Christophe de Margerie (pictured), has said that it is not clear if Iraq wants the company to withdraw from the Halfaya oilfield due to its dealings in Iraqi Kurdistan. Total recently acquired a 20 percent interest in the Taza oil exploration block there from […]

Total in Kurdistan Deal with Marathon

By John Lee. Following months of speculation, France’s Total has announced the completion of an acquisition of 35% interest in two exploration blocks in Iraqi Kurdistan. In a brief statement, the company said: “Total … announced the signature of a Farm-in Agreement in two exploration blocks in Kurdistan Region of Iraq. “Total has completed an […]

Marathon Acquires Positions in 4 Exploration Blocks in Kurdistan

Marathon Oil Corporation (NYSE: MRO) announced on Wednesday that it has acquired a position in four exploration blocks in the Kurdistan Region of Iraq. The Company has signed production sharing contracts (PSCs) for operatorship and an 80 percent ownership in two open blocks northeast of Erbil – Harir and Safen. The Kurdistan Regional Government will […]